reservation shopping n.— «The bill, H.R. 4893, introduced by Rep. Richard Pombo, R-Tracy, sought to end the practice of “reservation shopping,” in which a tribe seeks to have land placed in trust, the same legal category as a reservation, in order...
waterfall structure n.— «A single trust might be further sliced and diced to create different derivative securities, each one subordinated to the next in terms of the claim on cash flow. In the event of a default, the highest-rated—and lowest...
Welcome to another newsletter from A Way with Words, this one brought to you by way of the brown hills of Los Angeles. This past weekend we had a great time on the air. Was it the "duck tape" vs. "duct tape" call? Was it trying...
trust fall n.— «I can’t tell you how many times I’ve attended an orientation or team-building activity and been forced to play the same game. You’ve all done it, too: Commonly known as the “trust fall,” participants are required to pair up and...
sky trust n.— «Carbon capping comes in three varieties: cap-and-trade, cap-and-auction, and cap-and-recycle.…In cap-and-recycle, permits are also sold, not given away free. However, the revenue doesn’t go to the government—it goes to all of us, one...
greenprint n.— «The Greenprint is a joint effort of the Trust for Public and the Cornwall-based Housatonic Valley Association, which, according to HVA’s Web site “are working together to initiate a community-based mapping, networking and land...
